Innovations in China
Intense pressure from the US-China trade war has started a transformation in Chinese innovation: shifting the focus from sheer number to higher quality. The promulgation of China’s 14th 5-Year Plan seals the trajectory of this movement.
IP Monetization in China
IP regime in China
How historical trends shed light on the development of China’s cultural and creative industry under the new, global norm
At the inauguration of US President Joe Biden, the global market saw a surprise from new media platforms leveraging IP and new technologies. The stock price of Netflix, the leading company amongst them, soared 13% in one day. This movement in the market reflects the positivity surrounding the cultural and creative content delivered online, especially when the pandemic may continue to lock down a hefty portion of the world for the near future.
Similar trends are also happening in China. Taking a closer look at China’s cultural and creative industries – and Netflix’s counterparts – offer interesting observations.